GYGC (Guyana Gold) Debt-to-Equity: 0.00 (As of Sep. 2023)

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What is Guyana Gold Debt-to-Equity?

Guyana Gold GYGC Debt-to-Equity is 0.00 as of Sep. 2023.

Guyana Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Guyana Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Guyana Gold's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.27 Mil. Guyana Gold's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Guyana Gold's Debt-to-Equity or its related term are showing as below:

GYGC's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Guyana Gold  (OTCPK:GYGC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Guyana Gold Debt-to-Equity Related Terms

Guyana Gold Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Guyana Gold's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Guyana Gold Debt-to-Equity Chart

Guyana Gold Annual Data
Trend
Debt-to-Equity

Guyana Gold Semi-Annual Data
Sep23
Debt-to-Equity 0.00

GYGC vs HLLKD, BISA, ASPR: Debt-to-Equity Comparison

For the Shell Companies subindustry, Guyana Gold's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Guyana Gold Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Guyana Gold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guyana Gold's Debt-to-Equity falls into.


Guyana Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guyana Gold's Debt to Equity Ratio for the fiscal year that ended in . 20 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=( + ) / N/A
=N/A

Guyana Gold's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / -0.272
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Guyana Gold (GYGC) has a Debt-to-Equity of 0.00 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guyana Gold and its competitors.
Is Guyana Gold's Debt-to-Equity too high?
Guyana Gold's current Debt-to-Equity is 0.00.
How does Guyana Gold's Debt-to-Equity compare to HLLKD and BISA?
Guyana Gold's Debt-to-Equity of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 173 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guyana Gold and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guyana Gold's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guyana Gold stock overvalued right now?
Guyana Gold (GYGC) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Guyana Gold (GYGC), the current Debt-to-Equity is 0.00 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Guyana Gold Business Description

Address 220 Bowen Way, Covington, GA, USA, 30016
Guyana Gold Corp is a holding company focused on corporate acquisitions, mergers, private equity, real estate, and tailored consultancy. The company's objective is to focus on live streaming for sports and entertainment that provides live streams and fundraising opportunities for kids' sports of all ages.